Journal of Financial Services Research

Journal of Financial Services Research OnlineFirst articles

08-08-2019

Bank Transparency and the Market’s Perception of Bank Risk

We investigate the effect of bank transparency on systematic and idiosyncratic risk in the stock market. Using the extent of individual banks’ timely recognition of expected loan losses and the amount of discretionary loan loss provisions as …

31-07-2019

Quantifying and Stress Testing Operational Risk with Peer Banks’ Data

One of the main challenges that banks face in quantifying operational risk is the instability of risk estimates caused by heavy-tailed and insufficient loss data. To address these issues, we propose a loss scaling method to combine a bank’s …

30-07-2019

Did Negative Interest Rates Improve Bank Lending?

Since 2012 several central banks have introduced a negative interest rate policy (NIRP) aimed at boosting real spending by facilitating an increase in the supply and demand for bank loans. We employ a bank-level dataset comprising 6558 banks from …

10-07-2019

The Systemic Risk Implications of Using Credit Ratings Versus Quantitative Measures to Limit Bond Portfolio Risk

Despite intense criticism, agency credit ratings are still widely used in regulation and risk management. One possible alternative is to replace them with quantitative default risk measures. For US data, I find that systemically relevant losses …

19-06-2019

Banking Crises and Market Timing: Evidence from M&As in the Banking Sector

We investigate whether the gains are greater for banks that conduct mergers and acquisitions (M&As) during banking crises than during non-crisis periods. We contribute to the literature by examining 1984 M&As using global banking sample from 106 …

Additional information

Title

Journal of Financial Services Research

Publisher

Springer US

Coverage

Volume 11/1997 - Volume 56/2019

Print ISSN

0920-8550

Electronic ISSN

1573-0735

DOI

https://doi.org/10.1007/10693.1573-0735

Journal ID

10693